The PMI numbers for January are in.
PMI at 35.6, up from 23.1 in December.
The industries reporting growth in January — listed in order — are: Textile Mills; and Petroleum & Coal Products
The industries reporting contraction in January — listed in order — are: Nonmetallic Mineral Products; Electrical Equipment, Appliances & Components; Paper Products; Plastics & Rubber Products; Transportation Equipment; Printing & Related Support Activities; Fabricated Metal Products; Computer & Electronic Products; Primary Metals; Chemical Products; Wood Products; Machinery; Miscellaneous Manufacturing; Furniture & Related Products; and Food, Beverage & Tobacco Products.
Will have to wait for Feb numbers to see if this is a trend or just noise.
Monday, February 2, 2009
ISM Index down but still up
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